ROGEAP is implemented under 2 components
Component 1– Focused on developing a regional market and providing technical and financial capacity building support to solar entrepreneurs in eligible countries. Component one is implemented by ECOWAS through a Project Fund Manager Subcomponents of component 1 include:
Component 1 A: Facilitating an Enabling Environment
- Sub-Component 1 A (b): Supporting the Development of a Regional Ecosystem for Sustainable Growth of the Off-Grid Industry
- Sub-Component 1 A (c): Sharing Market Intelligence and Facilitating Stakeholder Exchange
- Sub-Component 1 A (d): Unlocking Regional Demand through Consumer Awareness and Promotional Campaigns
- Sub-Component 1 A (e): Removing Supply Constraints through Capacity Building of Commercial Financial Institutions and Other Relevant Stakeholders
- Sub-Component 1 A (f): Exploring New Business Models to Promote the Use of Off-Grids in Public Institutions and Productive-Use Applications
Component 1 B: Providing Entrepreneurship Support
- Sub-Component 1 B (a): Entrepreneurship and Business Training
- Sub-Component 1 B (b): Customized Business Acceleration Support
- Sub-Component 1 B (c): Annual Regional Standalone Solar Business Plan Competition and Workshop
- Sub-Component 1 B (d): Facilitation of Entry of Non-Solar Businesses to the Solar Industry
- Sub-Component 1 B (e): Environmental, Social, Health and Safety Risk Management Support System
Component 1 C: Providing Financial Support
- Sub-Component 1 C (a): Selection of Qualified Businesses for Matching Grants – CTF grant $2 mln, DGIS grant $3 min
- Sub-Component 1 C (b): Post-Disbursement Support Services
Component 1 D: Barrier Removal for Challenging Markets
- Sub-Component 1 D (a): Selection of Qualified Businesses for Market Entry and Performance-Based Grants – CTF grant $3 mln, DGIS grant $30 min
- Sub-Component 1 D (b): Post-Disbursement Support Services
Component 2 – Focused on facilitating access to finance for standalone solar system businesses through line of credit. Component 2 is implemented by BOAD Sub components of component 2 include
Component 2 A: Provision of line of credit for solar businesses
Component 2 B: Contingent grant facility for commercial financial institutions lending to solar companies
SME Engagement / Entry Points for ROGEAP
SMEs have 3 entry options to the ESF and FSF, via:
1.Prep Course Regional Certification
2.Business Plan Competition
3.EOI and Full Grant Proposal
Some Numbers
ROGEAP GRANTS
ROGEAP Financial support facility to solar entrepreneurs is offered under 3 grant windows.
- Matching Grant: For start ups and early-stage businesses.
- Market Entry Grant – For Business Expansion and Scale up
- Performance Based Grant – To overcome challenging markets